(Reuters) – Norfolk Southern reported fourth-quarter profit below analysts’ estimates on Friday, hurt by lower revenue across the U.S. railroad operator’s merchandise, intermodal and coal businesses, sending its shares down …
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By Sarah Marsh BERLIN (Reuters) -German companies and their CEOs are increasingly warning about the threat of right-wing extremism to Europe’s largest economy following a report about a meeting where …
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Five signs the Fed’s pivot is underway before even a single rate cut
by Reutersby ReutersBy Ann Saphir (Reuters) -Federal Reserve policymakers have signaled they won’t cut U.S. interest rates just yet; most economists think they will wait until June, given ongoing strength in household …
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(Reuters) -Evergrande Property Services said on Friday its units have started legal proceedings against parent China Evergrande to recover 11.4 billion yuan ($1.59 billion) of pledge guarantees on deposit certificates. …
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US budget gap should prompt Treasury to increase auction sizes again
by Reutersby ReutersBy Karen Brettell (Reuters) – The U.S. Treasury Department is likely to announce one more round of increases in its auction sizes when it details its borrowing needs for the …
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(Reuters) – U.S. new vehicle sales are expected to fall 1.5% in January from a year earlier on seasonally slower sales and signs of cooling demand for electric vehicles, according …
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UK car industry warns of tariff risk from pause in Canada trade talks
by Reutersby ReutersLONDON (Reuters) – Britain’s decision to suspend talks with Canada on a free trade deal creates the risk of tariffs being imposed on British-made cars sold in Canada, the UK …
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Western Digital Corp posts wider Q2 loss, sees impact of structural changes
by Reutersby Reuters(Reuters) – (This Jan. 25 story has been corrected to drop reference to analysts’ estimates in paragraph 1, to say ‘better than,’ not ‘missing analysts’ average estimate,’ in paragraph 5 …
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Colgate-Palmolive sees sales slowing in 2024 as muted volumes weigh
by Reutersby Reuters(Reuters) – Colgate-Palmolive on Friday forecast fiscal 2024 sales below estimates, as higher prices of its oral and personal care products continue to weigh on volumes. The toothpaste maker expects …
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Russia says Ukraine had 15-minute warning on PoW flight; Kyiv denies this
by Reutersby ReutersMOSCOW/KYIV (Reuters) -A senior Russian lawmaker said Ukrainian military intelligence had been given a 15-minute warning before a Russian military transport plane carrying Ukrainian prisoners of war entered an area …
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SAO PAULO (Reuters) -Brazil’s inflation came in well below market expectations in its mid-January reading, statistics agency IBGE said on Friday, providing central bank policymakers with good news as they …
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Brazil central bank to cut rates by 50 basis points for fifth time on Jan. 31 – Reuters poll
by Reutersby ReutersBy Luana Maria Benedito and Gabriel Burin SAO PAULO/BUENOS AIRES (Reuters) – Brazil’s central bank will cut its key rate by 50 basis points next week for the fifth time …
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World Court orders Israel to take measures to prevent acts of genocide in Gaza
by Reutersby ReutersTHE HAGUE (Reuters) – The World Court on Friday ordered Israel to take all measures within its power to prevent acts of genocide in Gaza. With the reading ongoing, the …
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World Court recognises right of Palestinians in Gaza to be protected from acts of genocide
by Reutersby ReutersTHE HAGUE (Reuters) – The United Nations’ top court said on Friday that at least some rights sought by South Africa in its genocide case against Israel’s war in Gaza …
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Top U.N. court says it has jurisdiction to rule over South Africa’s demands against Israel
by Reutersby ReutersTHE HAGUE (Reuters) – The United Nations’ top court on Friday said it has jurisdiction to rule over emergency measures demanded by South Africa in its case against Israel’s war …
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BERLIN (Reuters) – The German government is already facing questions about its midterm budget plans, even as this year’s draft moves towards the finish line in the wake of a …
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MANILA (Reuters) – The Philippines central bank was still hawkish with monetary policy and saw further room for an interest rate hike, with a cut unlikely anytime soon, its governor …
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Traders step up ECB rate cut bets, sensing shift on inflation front
by Reutersby Reuters(This Jan. 25 story has been refiled to add the missing word ‘Central,’ in paragraph 1) By Yoruk Bahceli and Naomi Rovnick LONDON (Reuters) – Traders on Thursday piled on …
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US equity fund withdrawals ebb to four-week low amid tech-led Wall Street rally
by Reutersby Reuters(Reuters) – U.S. investors continued to reduce their holdings in equity funds for the fourth consecutive week up to Jan. 24, exhibiting caution ahead of a major inflation report and …
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(Reuters) – Remy Cointreau’s shares had their best day in over two decades on Friday, surging as much as 17% after the French spirits maker’s commentary on China and the …
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By Balazs Koranyi (Reuters) -Euro zone inflation could fall faster than expected this year as economic growth will remain anaemic, a raft of surveys and indicators showed on Friday, bolstering …
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Brazil Indigenous group’s crisis persists after 308 deaths in 2023, report says
by Reutersby ReutersBy Anthony Boadle BRASILIA (Reuters) – The Brazilian government’s effort to evict illegal gold miners from the Yanomami Indigenous reservation in the northern Amazon has stalled with outsiders increasingly invading …
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TAIPEI (Reuters) – Taiwan’s defence ministry said it detected 23 Chinese air force planes operating around Taiwan and carrying out “joint combat readiness patrols” with Chinese warships on Friday, ahead …
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Musk brain implant company violated US hazardous material transport rules -documents
by Reutersby ReutersBy Marisa Taylor WASHINGTON (Reuters) – Elon Musk’s brain-implant company Neuralink was fined for violating U.S. Department of Transportation (DOT) rules regarding the movement of hazardous materials, according to records …
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DUBLIN (Reuters) – Irish gross domestic product contracted by 0.7% quarter-on-quarter between October and December and stood 3.4% lower than a year ago, according to a preliminary estimate reading published …